The Hot Springs star. (Hot Spings [Hot Springs], Dakota [Dakota Territory, i.e. S.D.]) 1886-189?, 1887-06-10
srATE OF TRADE.

. 6AoAhA OA AOA0A80 8SSO04t
for three weeks ended May 81, were {, 76l, SEQ
bushels Is against 4, 12s,625 in 1855, and 3D.
s9S, 5S5 in 1885. The aggregate quantity Of
freight shipped 10 not % large Is last year.
year. The exchanges show great increase
10 the volume Of general business.
Avery notable turn has occurred in our
foreign trade balances. The produce ana
merchandise exported last month amounted
to e47,58S,04S, showing s8,454,S o5 less than
In April, 1885. The imports, however,
amounted to CAS-, $50, 0ls, a gain in this item
over April, 1885, Of "a, 40, 792. The imports
Of merchandise exceeded the exports OF mer.
chandise and produce by s18,s5s,e7s. In
April, 1885, the imports Of merchandise ex-
ceeded the exports by g, 1885, 7s, so that the
months merchandise balance was e1S. 1925, COZ
worse than in April, 1885. Including specie
and bullion the balance against US last April
was Sl3, ISIS, against q, s0s, 793 in April,
1886. 1t Is estimated that the capitalization
of new railroads aggregates not less than
t6O0,0 900, COO.
The entire monetary circulation Of the
United States is, according TO the director Of
the mint, 81, ~ 100000 OF this sum only
about : $1,000, 900, 100 is in actual use by the
people. The per capita circulation Of the
United States lie estimated at t3l.S6; France
is e5O,7s;' Great Britain, s21 SO, and Germany
t16.s9. The net exports of specie is less by
q, 784, 600 than In Nay 1888
The cattle trade has continued under an ex.
tensive depression, especially for export
grades, and the deprcsfions is increased BY
conditions which has caused the commissioner
Of agriculture to establish q quarantine
against Chicago and . large part OF the state
of New York on account Of pleuro-pneu-
monia. All shipments Of cattle from Chi
cago and Cock county are forbidden, except
for such as are certified to by an officer of the
Bureau Of Animal Industry, on the testimony
of persons who will swear that they have
known the cattle in question to be free Of dis
ease in the preceding six months. This order
will tend to turn the cattle trade from the
principal cepters to other channels. The
penalty of disobeying this order may be
5000 for each %offense, and applies both to
the shipper and railroad company.
b northern iron q steel trade has been
more active both In eastern and western cen.
tiers. Steel Falls have been selling III q some
what larger way at f3S@4O in Pennsylvania.
Merchant irons are also claiming q better
movement. 1t is said that $4,000 tons Of
steel rails were sold at Pittsburg during the
week, and 1t is computed that the mills Of the
United States have cold, this year, 1,7S9,Sl3
tons Of q total pool allotment for the year Of
2,196,475 tons. The present rate of Bessemer
.tnn1 vnNAHspnkf4~ hOuy,vn~ g.. RN n A.--
week, or 1925, 000 for the year, Of which it is
calculated that only 724,0O0 tons have not
been bespokcn.
Crop news from every part of the country,
except California, is to the effect that the
prospect was never better. The weather go
far has been favorable for wheat.
While there has been an extensive need Of
rain, the drouth has not been acute.
Bank clearances were 91ls5 per cent greater
during the month just enled, than IN May
last year, showing q very satisfactory con.
dition Of trade.